Business

Binh Duong calls for France’s investment to hi-tech projects

Vice Chairman of the People’s Committee of Binh Duong southern province Nguyen Van Danh on April 26 presided over a virtual webinar which aims to promote investment from France.
Binh Duong calls for France’s investment to hi-tech projects ảnh 1A corner of an industrial park in Binh Duong. (Photo: VNA)

Binh Duong (VNA) – Vice Chairman of the People’s Committeeof Binh Duong southern province Nguyen Van Danh on April 26 presided over avirtual webinar which aims to promote investment from France.

Addressing the event, Danh said amid the complicateddevelopments of the COVID-19, the Vietnamese Government has rolled out measures tobring the pandemic under control and capitalise on chances to speed up the socio-economic recovery and development. Binh Duong authorities have exertedefforts to create the best conditions for firms to resume operation andmaintain the supply chain via dialogues and business meets, particularly avirtual conference with the European Chamber of Commerce in Vietnam (EuroCham),thereby helping ensure effective operation of foreign companies, includingthose from France.

France is the second largest foreign direct investment partner ofVietnam in the European Union with a combined registered capital of more than3.6 billion USD in processing and manufacturing, and real estate.

France boasts strengths in fields that align with Vietnam’sorientations in foreign investment attraction, Vietnamese Ambassador to FranceDinh Toan Thang said, expressing his belief that France’s cooperation withVietnam and Binh Duong in particular will make strides as the quantity andquality of French businesses investing in the province have been on the rise.

Binh Duong calls for France’s investment to hi-tech projects ảnh 2At the webinar (Photo: VNA)

In the coming time, the neighbour of Ho Chi Minh City - the country's biggest hub - will prioritise high-technology and environmentally friendly projects, financialservices and logistics; along with supporting industries and hi-techagriculture, with an aim to become an innovative centre of the southern keyeconomic zone.

At the webinar, French firms were briefed on investmentclimate in Vietnam and Binh Duong, and viewpoints of French investors in theVietnamese province. Relevant agencies fielded queries from those who areseeking investment chances in the province.

Local authorities pledged to create favourable conditions forforeign investors, including those from France, and maintain regular dialogueswith the business community at home and abroad to regulate policiesconducive for the province’s development and legitimate benefits of the firms in a timely manner./.

VNA
#Binh Duong province #EuroCham #foreign direct investment #French businesses #vietnamplus #vietnam news agency France
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